Supreme Court clarifies ‘cost of improvement’ under Section 55(1)(b) of the IT Act: Commissioner of Income Tax vs. M/s. Paville Projects Pvt. Ltd. (2023)

/ A.S. Bopanna, Capital Gains, Income Tax Act, 1961, Income Tax Act, 1961 with Section 263, Income Tax Act, 1961 with Section 55(1)(b), Judges, M.R. Shah

Supreme Court clarifies ‘cost of improvement’ under Section 55(1)(b) of the IT Act: Commissioner of Income Tax vs. M/s. Paville Projects Pvt. Ltd. (2023) Date of the Judgment: April 06, 2023 Citation: Civil Appeal No. 6126 of 2021 (@ SLP (C) NO. 13380 OF 2018) Judges: M.R. Shah, J. and A.S. Bopanna, J. Can payments […]

Supreme Court clarifies ‘cost of improvement’ under Section 55(1)(b) of the IT Act: Commissioner of Income Tax vs. M/s. Paville Projects Pvt. Ltd. (2023) Read Post »